AFRICAN CINEMA LTD

36 HALDANE CLOSE LONDON, HALDANE CLOSE, LONDON, N10 2PB

Company Number: 11999694
Incorporation date: 16-May-2019
Status: Active
Entity type: Private Limited Company

SIC codes:
18202 Reproduction of video recording

SUMMARY

This company is 4.9 years old and is currently active. It is controlled by Mr Patrick Osei Owusu. The company has positive equity (net assets) of GBP 5.6 thousand which has decreased from the previous year's figure of GBP 18.1 thousand. The latest reported revenue figure is GBP 6.9 thousand which is down -40% on the previous year. Retained earnings is negative (GBP -79.4 thousand), which means the company has aggregate losses since it's inception; given that the company is a start-up, this is not surprising. The company has 1 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 29-Feb-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-May-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Net Profit GBP
31-May-2022	GBP	6,930	-12,413	-12,413
31-May-2021	GBP	11,386	-12,594	-12,594
31-May-2020	GBP	16,279	-54,350	-54,350

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Retained Earnings	Net Assets
31-May-2022	GBP	228	228	32,367	85,000	-79,356	5,644
31-May-2021	GBP	2,679	2,679	35,000	85,000	-66,944	18,056
31-May-2020	GBP	2,679	2,679	35,000	85,000	-54,350	30,650

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)

No information on secretary appointments

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Patrick Osei OWUSU	16 May 2019		Record Producer	Ghanaian	2 - 0	0 (0.0%)

Number of active directors: 1
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Patrick Osei OWUSU
ISREAL PRODUCTIONS LTD (09637706) - Active	✔
AFRICAN CINEMA LTD (11999694) - Active	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Mr Patrick Osei Owusu - active

Controlling entities above

AFRICAN CINEMA LTD

no controlled companies

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 18202 Reproduction of video recording)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
AFRICAN CINEMA LTD	0.7%	3.8%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.7%	3.7%	7.0%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.5%	2.1%	4.2%	Medium
Accounting Month	0.6%	6.1%	8.0%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium